Last week, India and the European Union (EU) achieved what, until just a year or two ago, many observers considered impossible: meeting halfway to conclude a long-elusive trade agreement. Negotiated, stalled, revived and reimagined over a quarter of a century, the deal represents far more than a technical breakthrough on tariffs. It marks a strategic…
The Reserve Bank of India. File picture | Photo Credit: PTI The Reserve Bank of India (RBI) on Friday (February 6, 2026) announced measures to boost credit to small businesses and the real estate sector to improve access to formal financing and strengthen last-mile lending. The Reserve Bank of India proposed doubling the limit on…
On MCX, gold April futures were quoted at ₹1,53,955, up ₹1,885 over Thursday | Photo Credit: REUTERS Gold went past $4,900 an ounce, and silver briefly went past $75 an ounce on Friday evening, even as the Chicago Mercantile Exchange (CME) Group increased the initial margin for COMEX silver and gold. Silver prices in the…
Tata Steel. File picture | Photo Credit: Reuters Tata Steel on Friday (February 6, 2026) posted a multifold jump in consolidated profit to ₹2,730.37 crore in the December quarter, on the back of increased income. It had reported a profit of ₹295.49 crore in the October-December period of the preceding 2024-25 financial year, the company…
Image used for representation only. | Photo Credit: Getty Images The Centre has given an official definition for what constitutes a ‘deep tech’ startup in India. A buzzword until now, the ‘deep tech’ startup, according to a gazette notification by the Department for Promotion of Industry and Internal Trade (DPIIT) made public on Thursday (February…
Stock markets closed higher on Friday (February 6, 2026) after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector. Helped by fag-end buying, the 30-share…
A man puts up his hand in front of Reserve Bank of India (RBI) logo inside its headquarters in Mumbai. File | Photo Credit: Reuters Reserve Bank Governor Sanjay Malhotra on Friday (February 6, 2026) announced a new framework to compensate customers up to an amount of ₹25,000 for loss incurred in small-value fraudulent transactions….
Image for representational purposes only. | Photo Credit: Reuters The rupee declined 36 paise to settle at 90.70 (provisional) against the U.S. dollar on Friday (February 6, 2026), weighed down by geopolitical uncertainty over the U.S.-Iran talks, and a sharp rise in global crude oil prices. The currency gained in the first half of the…
Union Minister Ashwini Vaishnaw speaks in the Rajya Sabha during the Budget session of Parliament on February 6, 2026 | Photo Credit: Sansad TV via PTI- Union Railways Minister Ashwini Vaishnaw on Friday (February 6, 2026) said the financial health of the railways department has improved a lot in the last 10 years and it…
The Government has extended the deadline for submitting bids for India’s largest oil and gas acreage offering for a fourth time, granting potential investors an additional three months, the Directorate General of Hydrocarbons said. “Bid submission closing date for OALP Bid Round X (has been) extended till May 29, 2026,” DGH said on its website….
